Take-Two just confirmed the GTA 6 launch this November. This is the biggest entertainment launch in the history of entertainment (bigger than any game, music, or movie in history). TTWO stock up 7% in after hours already. SONY stock also up, since PS5 is the default console to play GTA 6, and it's not coming out on Nintendo or PC. Looks like TTWO and SONY are the two key stocks to play GTA 6. I have no positions in either, but leaning strongly towards picking up SONY soon since they are more diversified with basically a call option on AI chips as well, search 'Sony physical AI chip' on YouTube to if you want to know what they're doing in AI chips.
I see this from a value investor perspective. SONY stock hit an all-time-high $30 / share as recently as November, but then got hammered down to $20 because of memory shortage, but strong earnings 2 weeks ago has it up about 15% since then. SONY already has sold 90M+ PS5, so they are actually not impacted that much by memory shortage, unlike Nintendo whose console is brand new. Market has overly punished SONY stock when fundamentals are very strong.
Plus it's interesting that Jensen Huang harped on non-stop about physical AI (robots and autonomous cars) as the key future growth driver for NVDA on the NVDA earnings call yesterday, but the one chip that is required for all physical AI is the one that SONY dominates in CMOS image sensors.
Therefore, SONY is currently still trading at a significant discount to intrinsic value, a gap that GTA 6 and physical AI will close.